And if you get the full franking credit on top of the 11% yield, that gives a net return of around 14% ( based on 50c share price and a 5 cents declared dividend over full year). That's hard to beat, and moreover the company is well managed, are diversifying and growing through well executed acquisitions, plus scarcely any debt and maintaining good cash balance. All the stars are aligned. I picked up more today for my smsf account. These are not for trading, just want the dividend cashflows
CGH Price at posting:
50.5¢ Sentiment: Hold Disclosure: Held